£207,116
This estimated value is based upon the latest sale price for the house of £121,000 on 29 Mar 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £121,000 | 29 Mar 2010 |
| £85,000 | 13 Jun 2003 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in March 2010 the House Price Index for WEST MIDLANDS was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.170%.Applying this 71.170% change to the original purchase price of £121,000 results in an estimated price of approximately £207,116.
| 29 Mar 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.170 % | £121,000 | £86,116 | £207,116 |
The Postcode Pricing Model uses changes in average sales price within the WV10 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 35.466 % | £42,914 | £163,914 |
| 3 Month Average | 81.629 % | £98,771 | £219,771 |
| 6 Month Average | 71.332 % | £86,311 | £207,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £201,578 | £197,000 | 71 NEWBOLDS ROAD |
| 22 Sep 2023 | £239,275 | £234,000 | 104 NEWBOLDS ROAD |
| 25 Aug 2023 | £213,857 | £210,000 | 554 CANNOCK ROAD |
| 5 Jun 2023 | £244,908 | £240,000 | 147 NEWBOLDS ROAD |
| 14 Jul 2022 | £272,733 | £270,000 | 149 NEWBOLDS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newbolds Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newbolds Road |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Newbolds Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cadman Crescent |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Cadman Crescent |